General Unsecured Creditor definition

General Unsecured Creditor means the Holder of a General Unsecured Claim.
General Unsecured Creditor means the holder of a General Unsecured Claim in respect of and to the extent of such General Unsecured Claim;
General Unsecured Creditor means a Creditor with a General Unsecured Claim.

Examples of General Unsecured Creditor in a sentence

  • If the undersigned does not deliver a valid Distribution Election Notice prior to the Distribution Election Deadline, or this Distribution Election Notice does not indicate a Distribution Election, or more than one Distribution Election is recorded, the undersigned will be deemed to have made the 75% Distribution Election and shall be required to attend at the Creditors’ Meeting of the General Unsecured Creditor Class to cast its vote on the CCAA Plan.

  • If a Disputed Secured Claim is finally determined to be a General Unsecured Creditor Claim (in whole or in part), such General Unsecured Creditor Claim shall constitute a General Unsecured Creditor Claim for the purposes of this Plan, shall be deemed to have made the 75% Distribution Election hereunder, and shall be paid the amount to which it would have been entitled under this Plan by Coalspur rather than by the Monitor out of the General Unsecured Creditor Cash Fund.

  • If a General Unsecured Creditor with an Accepted Claim, who is not a Convenience Class Creditor, does not deliver a Distribution Election Notice prior to the Distribution Election Deadline, such General Unsecured Creditor shall be deemed to have made a 75% Distribution Election.

  • If a General Unsecured Creditor transfers the whole of its Claim to more than one Person or part of such Claim to another Person after the Filing Date, such transfer shall not create a separate Voting Claim and such Claim shall continue to constitute and be dealt with for the purposes hereof as a single Voting Claim.

  • Subject to section 7.1(a)(iv), such process to determine the status of such Disputed General Unsecured Creditor Claim shall in no way delay or otherwise affect the implementation of the Plan.


More Definitions of General Unsecured Creditor

General Unsecured Creditor means any holder of a General Unsecured
General Unsecured Creditor means a holder of an Allowed Claim.
General Unsecured Creditor means every creditor other than holders of Administrative Claims, Priority Claims, Priority Tax Claims, Archdiocese of Milwaukee Priests’ Retiree Medical Plan Claims, Archdiocese of Milwaukee Priests’ Pension Plan Claims, Archdiocesan Cemeteries of Milwaukee Union Employees’ Pension Plan Claims, Archdiocese of Milwaukee Lay Employees’ Pension Plan Claims, Perpetual Care Claims, Abuse Survivor Claims, Charitable Gift Annuity Claims, or Penalty Claims.
General Unsecured Creditor means any Creditor holding an Allowed General Unsecured Claim.
General Unsecured Creditor means the holder of an Allowed General
General Unsecured Creditor means the holder of a non-contingent
General Unsecured Creditor means a Creditor holding an allowed non-priority Unsecured Claim or a Claim against the estate of the Debtor other than an Administrative Claim, a Secured Claim or a Priority Claim.